NY’s largest health care provider partners with Irish companies Technopath and Salaso
Leveraging its strategic partnership with Enterprise Ireland, Northwell Health has announced two new partnership agreements with Irish companies Technopath Clinical Diagnostics and Salaso Health Solutions Limited.
Northwell Health President and Chief Executive Officer Michael J. Dowling were in Ireland to formally announce the two deals together with An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald and Enterprise Ireland CEO Julie Sinnamon. The New York-based health system has signed a 50-50 joint-venture agreement with Technopath Clinical Diagnostics, a privately held biotechnology company headquartered in Tipperary which provides quality control products and informatics solutions that enhance the accuracy of laboratory testing. The deal brings the two healthcare entities together as Technopath Northwell Health North America LLC, which will sell and market Technopath’s Multichem quality control (“QC”) products and IAMQC informatics platform in the US and also utilise them at Northwell Health Laboratories, leading to significant laboratory efficiencies and cost savings.
Welcoming the announcement, An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald said: “The partnership between Northwell Health and Enterprise Ireland is significant and is already proving to be very beneficial in assisting Irish companies like Salaso and Technopath to expand their business footprint in the US and build capability from within through innovation and collaboration. Having a world class healthcare provider such as Northwell enter into these strategic partnerships is a great endorsement of what Ireland has to offer in healthcare provision and medical technology and further confirms Ireland’s status as a global leader in healthcare solutions.”
Northwell has also signed a strategic partnership with Kerry-based Salaso Health Solutions. The agreement builds on an existing contract that Northwell signed late last year with the company to provide online care management services to stroke survivors, and patients with movement disorders and other neurological conditions. The company’s platform allows patients to use their smartphones or tablets to access and interact with high-definition video exercises prescribed for them by their clinicians.
Under this new partnership, Northwell and Salaso will develop and enhance Salaso’s capabilities in the area of physiotherapy, which helps restore movement and function in patients affected by injury, illness or disability through therapeutic exercise, functional movement and education. In addition to using Salaso’s innovative physical therapy solutions for stroke and neurological patients, Northwell will expand the scope of the online rehabilitation care to patients with cancer, COPD (chronic obstructive pulmonary disorder) and other medical conditions. Along with utilizing the services for its own patients, Northwell Health’s equity investments will help the company introduce its products and services to the US market.